The simple average unit cost of 6.33 compares to the weighted average cost calculate earlier of 6.20. The method gives a reasonable estimate of the inventory value when the beginning inventory and purchases are of a similar level. Assume that both beginning inventory and beginning inventory cost are known. From them the cost per unit […]

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The last thing you need to be doing is repetitive data-entry, studying the IRS code, and trying to figure out the difference between an asset and a liability. The goal of CFO services for small businesses is to make sure you are profitable. CFOs help with budgeting, forecasting, cash flow management, financial analysis, and business […]